Pakistan repays 10th installment worth $391 mln to IMF. Next Payment of $390.1 due in May

AsifAmeer

Siasat.pk - Blogger
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http://www.thefrontierpost.com/news/18833/

Pakistan has paid $391.8 million to the International Monetary Fund (IMF) as the 10th repayment installment against the loan obtained under the standby arrangement, the State Bank of Pakistan said on Tuesday.

According to the central bank, with repayment of current installment Pakistan to-date has repaid $3.232 billion since July 2012. The remaining amount due under IMF/SBA until September 2015 is around $4.891 billion.

The next installment under IMF/SBA facility will be due at end of May 2013, amounting to around $390.1 million, the central bank added.

Pakistan had obtained $7.8 billion from the IMF in 2008. Since the repayments started earlier this year, rupee has been under consistent pressure losing considerable value against the dollar in the inter-bank and open currency markets
 

Heart

Councller (250+ posts)
Ye Theek Hay Kay Pakistan Kee Buri Haalat Hay Aur Aap Hum Ko Aagah Kartay Rehtay Ho. And we should not close our eyes. Par, yaar, kabhi koee umeed kee bhi baat karo. Har waqat kee na-umeedi bhi achee nahee :)
 

LoveIcon

MPA (400+ posts)
Local banks say loan lay kar payment kar de ho ge kyon kah khanzana tu khali kar dia hai, budget humara deficit main hai
 

AsifAmeer

Siasat.pk - Blogger
Current account turned a surplus of $62mln in July-Jan FY13 vs deficit of $2.792bln in same period last year

Feel better? No na..?
Ye Theek Hay Kay Pakistan Kee Buri Haalat Hay Aur Aap Hum Ko Aagah Kartay Rehtay Ho. And we should not close our eyes. Par, yaar, kabhi koee umeed kee bhi baat karo. Har waqat kee na-umeedi bhi achee nahee :)
 

Syed Haider Imam

Chief Minister (5k+ posts)
Ye Theek Hay Kay Pakistan Kee Buri Haalat Hay Aur Aap Hum Ko Aagah Kartay Rehtay Ho. And we should not close our eyes. Par, yaar, kabhi koee umeed kee bhi baat karo. Har waqat kee na-umeedi bhi achee nahee :)

Chalain Bhai Jee, Hum sub umeed sey heiN..........Ab Khus.............:lol:
Aap e kuwi Umeed Afza ya Rooh Afza financial khabber post ker deiN.....
 

Heart

Councller (250+ posts)

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